Professor James J. Corbett from the Marine Policy Program at University of Delaware, will look to separate fact from fiction on the debate surrounding shipping's CO2 impact, while Mark Major, Policy Advisor for the European Commission, will offer an insight into: 'European Policy on Greenhouse Gases and Ships'.

Here's a Guardian story from March:CO2 output from shipping twice as much as airlines

And from Reuters in April:EU confirms to propose ships join emissions trade

Update: As you can probably tell, this post was a bit of a link dump. I forgot the most intriguing link in the vault- KiteShip. Here's the New York Times:

While you might fume about rising gas prices while filling up your car, you can always take the bus and save a few dollars. Not so if you’re in an industry tasked with, say, shipping cars or oil from one hemisphere to another.

That’s one reason 2006 has been a good year for the California-based company KiteShip, which makes “very large free-flying sails”— basically, giant traction kites that harness the wind to pull very large free-floating objects.

If you’ve ever gone to the beach and seen someone kite-surfing — standing on a board while being pulled by a kite — then you’ve seen a traction kite in action. KiteShip currently sells the Outleader, which helps increase yacht speeds. And it is working to improve the range and the speed of fast ferries and oceangoing research vessels without burning more fuel. Dave Culp, the engineer who helped found KiteShip, calls the three-person operation a “micromultinational.”

But Culp has bigger plans, which helped KiteShip win the Lexus Transportation Prize at the first California Clean Tech Open this year. Culp would like to build kites of up to 50,000 square feet — roughly the size of a football field and big enough to help move cargo ships and oil tankers.

Working in tandem with an engine, the kites could allow fuel savings of 15 percent to possibly 30 percent. But why kites and not traditional sails? It’s all a matter of cost, Culp says. A traditional sailing rig needs a mast, which requires either significant structural modifications — or building an entirely new ship. A kite is much more flexible and can easily be attached to an existing ship or moved from one ship to another....MORE